PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SWNTX vs. VTEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SWNTX vs. VTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Tax-Free Bond Fund™ (SWNTX) and VTEX (VTEX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.78%
-7.94%
SWNTX
VTEX

Returns By Period

In the year-to-date period, SWNTX achieves a 1.86% return, which is significantly higher than VTEX's -7.27% return.


SWNTX

YTD

1.86%

1M

0.20%

6M

2.78%

1Y

5.48%

5Y (annualized)

0.74%

10Y (annualized)

1.53%

VTEX

YTD

-7.27%

1M

-5.76%

6M

-7.94%

1Y

-9.89%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


SWNTXVTEX
Sharpe Ratio1.92-0.18
Sortino Ratio2.880.04
Omega Ratio1.441.01
Calmar Ratio0.79-0.09
Martin Ratio7.68-0.36
Ulcer Index0.74%21.08%
Daily Std Dev2.96%42.76%
Max Drawdown-12.93%-91.38%
Current Drawdown-2.11%-80.22%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.1

The correlation between SWNTX and VTEX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

SWNTX vs. VTEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and VTEX (VTEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for SWNTX, currently valued at 1.92, compared to the broader market-1.000.001.002.003.004.005.001.92-0.18
The chart of Sortino ratio for SWNTX, currently valued at 2.88, compared to the broader market0.005.0010.002.880.04
The chart of Omega ratio for SWNTX, currently valued at 1.44, compared to the broader market1.002.003.004.001.441.01
The chart of Calmar ratio for SWNTX, currently valued at 0.79, compared to the broader market0.005.0010.0015.0020.0025.000.79-0.09
The chart of Martin ratio for SWNTX, currently valued at 7.68, compared to the broader market0.0020.0040.0060.0080.00100.007.68-0.36
SWNTX
VTEX

The current SWNTX Sharpe Ratio is 1.92, which is higher than the VTEX Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of SWNTX and VTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.92
-0.18
SWNTX
VTEX

Dividends

SWNTX vs. VTEX - Dividend Comparison

SWNTX's dividend yield for the trailing twelve months is around 3.41%, while VTEX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SWNTX
Schwab Tax-Free Bond Fund™
3.41%3.06%2.33%1.67%1.97%2.31%2.42%2.34%2.24%2.22%2.30%2.38%
VTEX
VTEX
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SWNTX vs. VTEX - Drawdown Comparison

The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum VTEX drawdown of -91.38%. Use the drawdown chart below to compare losses from any high point for SWNTX and VTEX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.11%
-80.22%
SWNTX
VTEX

Volatility

SWNTX vs. VTEX - Volatility Comparison

The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.28%, while VTEX (VTEX) has a volatility of 7.14%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than VTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
1.28%
7.14%
SWNTX
VTEX